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SWITZERLAND
SWITZERLAND
Prykhodko Andrii
OUR OFFICES ARE IN SWITZERLAND
REGISTRATION OF A BUSINESS (FIRM) IN SWITZERLAND
Advantages of doing business as an individual entrepreneur
There is no need to pay the authorized capital, registration in the trade register is required for legal activity. A sole proprietorship with a turnover of less than 500,000 Swiss francs must at least keep accounts that include information on income, expenses and financial position. If the turnover is less than 500,000 Swiss francs for the last financial year, it is also necessary to submit reports in accordance with the Legislation.
What are the stages of company registration in Switzerland?
- Choosing an organizational and legal form (we recommend LLC)
- Choose a unique legal address
- Choose a unique name, the name is checked on the official website of the Chamber of Commerce
- Preparation of constituent documents
- Transfer of authorized capital to a special technical account in full or a certain part
- Registration in the Trade Register of Enterprises. The cost depends on the location
- Registration of employees in the social security service
What is required for company registration:
- unique name;
- copies of passports of the beneficiary, shareholders, director;
- if the shareholder is a legal entity, then copies of statutory documents;
- confirmation of a permanent address (for example, a utility bill).
BUY A READY-MADE BUSINESS (FIRM) IN SWITZERLAND
Buying a company in Switzerland has a number of advantages, including:
- the purchase procedure is simpler and does not take so much time
- the most difficult stages of business creation and registration have been completed
- State support of already established enterprises
- Developed reputation, knowledge among the population
- An opportunity to buy an enterprise that was established a long time ago, as well as one that has not yet carried out its activities
- The purchase takes place within 1-2 days
Services for the purchase of a ready-made company (firm) in Switzerland
Our specialists will prepare all the necessary documents required for the purchase of a company, and you need to provide the following information:
- Identity documents and signatures of these persons already at the time of signing the package of documents.
- What is the cost of a ready-made company (firm) in Switzerland?
OPENING A BANK ACCOUNT IN SWITZERLAND
Opening a bank account in Switzerland: procedure and benefits for Ukrainians
An account in a Swiss bank can be opened by both a resident and a non-resident of Switzerland, the main requirement is that the person has reached the age of 18. In Switzerland, it is possible to open an account in any currency, you can open an account both for an individual and for a legal entity. Ukrainians can freely open bank accounts in Switzerland, because there are no restrictions set by legislation.
Opening an account in a Swiss bank provides the following opportunities:
- Swiss banks guarantee the safety of your funds
- Political stability, including the stability of the financial system
- The predictability of laws, which indicates the clarity and immutability of normative and legal regulation
- Bringing great wealth to account holders
- Security of the banking system, thanks to professionalism
What documents are required to open an account in Swiss banks:
In case of opening a personal account, the following documents must be submitted:
- Passport
- Address of the place of residence
- Evidence of receipt of income
- Application for opening an account
Provide detailed information about the client’s solvency as beneficial owners of the company, or if it is an individual, information about the individual.
Importantly! On the websites of many banks, there are hotlines that you can call and find out all the information yourself, but you may encounter the problem of not understanding the German language, or not fully understanding German banking terminology, which can lead to problems in the future. That is why we recommend making an appointment with our lawyers before contacting the banks.
WORK PERMIT IN SWITZERLAND
You can work in Switzerland under the following conditions:
- EU citizens, citizens of Switzerland itself have advantages in access to the labor market
- then you need to get a job, get a work permit, apply for a work visa and a residence permit in order to legally stay and work in Switzerland
DOCUMENTS GIVING THE RIGHT TO WORK IN SWITZERLAND
Among the requirements and restrictions:
- the priority of the local workforce;
- work permit quotas (if the quotas for work in Switzerland for citizens of third countries are exhausted, the permit will not be issued; a quota of 4,500 units has been established for 2020);
- knowledge of the state language;
- compliance of the salary level with recognized values;
- the ability to integrate into Swiss society.
Migration lawyer in Switzerland – JK “Prykhodko and Partners” Your reliable partner.
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